It is not improper for an attorney to send out announcements which identify him
both as a lawyer and licensed stockbroker. Professional notices may contain
information which is not false, fraudulent, misleading or deceptive. The
attorney that engages in both professions must be particularly careful to
observe the tenets of Canon 5, specifically DR:5-101(A) and DR:5-104(A). While
consent of the client after full disclosure [which must include an explanation
that the lawyer's non-lawyer capacity could jeopardize the client's ability to
assert the attorney-client privilege  See DR:4-101(B) and (E)] technically
will relieve a lawyer from a conflict of interest problem, situations may arise
where the lawyer has an unusual degree of influence over his or her clients as
a lawyer, which would make it very difficult to obtain informed consent
without the attorney's client obtaining independent advice.